Angling Direct (LON:ANG – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported GBX 2.81 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of £103.90 million during the quarter. Angling Direct had a net margin of 1.86% and a return on equity of 4.60%.
Angling Direct Trading Down 4.3%
ANG stock traded down GBX 2.13 during trading on Tuesday, hitting GBX 47.38. The company had a trading volume of 1,138,520 shares, compared to its average volume of 88,918. The firm has a market capitalization of £34.38 million, a P/E ratio of 18.95 and a beta of 0.65. Angling Direct has a 52-week low of GBX 40 and a 52-week high of GBX 60. The company has a 50 day simple moving average of GBX 50.58 and a 200-day simple moving average of GBX 51.85. The company has a quick ratio of 1.50, a current ratio of 2.43 and a debt-to-equity ratio of 30.74.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 78 target price on shares of Angling Direct in a research note on Tuesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 78.
Angling Direct Company Profile
Angling Direct is the leading omni-channel specialist fishing tackle retailer in the UK, with an established and growing presence in Europe. Headquartered in Norfolk UK, the Company sells fishing tackle products and related equipment through its network of approximately 50 UK retail stores, as well as through its leading digital platform (www.anglingdirect.co.uk) and the MyAD Fishing Club app. The Company has three further native language websites in its key European territories (www.anglingdirect.de, .fr, .nl), with orders fulfilled by its international distribution centre in The Netherlands.
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